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a temporary file restriction over a section of the boston area to provide a safer environment for law enforcement activities. logan airport remains open under heightened security. most flights departing and arriving on schedule. greyhound bus service has been suspended. dagen: thank you so much. it is not just boston. this will be felt in the northeast. thank you so much. connell: a briefing any moment from local authorities. you will see it live. you will keep you up-to-date as we have been on what is happening in the markets throughout the day. mike baker joins us on the telephone right now. former cia covert operations officer and president these days of his own intelligence firm that he is a part of. one suspected terrorists has been killed. another is still at large just outside of the big american city. what stands out to you? >> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional a
money printing. in those environments, gold does very well. you have the goldman sachs downgrade. you have people picking sides. then you have the slowing chinese debt. i think that really hits the market all at once. that led to margins being that and they continue to tumble downwards. dagen: talk about the difference you are seeing in behavior. are you seeing any selling among those physical gold owners? >> not as dramatic of a difference. we are a precious metals platform. on friday and monday, we had four to five times as many body and sell orders. we have done our own research. i think that plays into my point. it is somewhat reminiscent to what happened to apple. in the paper market, you have a dramatic selloff. in the physical market, the demand is very, very strong. connell: let's follow up on that. let's talk about apple. the big game for the dollar versus the euro. is that part of the case you make for gold? >> i think part of the reason is for safety. in times like this, i think now is a fantastic entry point. it is certainly better than two weeks ago. it is uncorrelated. t
the internet, either at home or at the office or in the retail environment. so we're orienting everything we're doing at ebay, ebay, inc., to help consumers have a seamless shopping experience. >> john, last question i have, if there's one danger that i see particularly for paypal, it is scrappy competitors coming up, what you talked about last time you and i talked, braintree, et cetera, that have gotten some of the hot mobile retail start-ups under their wing. what's the major ting that ebay has to do to get the next fab, the next uber, for instance, under the paypal wing? >> well, there's going to be a lot of innovation in mobile payments and in this whole space because there's so much change. weened that. we actually respect and like that. we made several acquisitions. but we're innovating aggressively as well. we just launched our new mobile software library at south by southwest and actually companies like uber, companies like fab are using paypal and integrating paypal because paypal brings 120 million active consumers. paypal brings a network of capability that is strong. and so ther
with our reduced output so the faith is still there, that it's well run in a bad macro economic environment which comes back to mcdonald's which you have a note out today from sus can dehanna which says it is executing across the world and it is stable in its market share or gaining and it is against it. that seems to be the major theme. >> another theme that's sort of emerged in these big companies, citigroup, as well is the strength of the latin american consumer and the latin american corporation. caterpillar noting that lshg, even though china continues to be weak and there seems to be a shift from asia pacific to latin america coming from these multinationals. >> resuming the buyback does not hurt by the end of the year. it had approved for a while in '07. >> and that might be taking some of the sting out of this today. >> when we come back, yet another price target cut for apple ahead of its earnings and this time from bmo. colin gilles over at bgc is upgrading the stock this morning. which one is right? we'll hear from both analysts this morning. the dow coming off its worst week sin
're in a zero yield environment. if you provide a little extra, investors are really happy about that. liz: good to see you tom. speaking about ipos and talking about, that i will speak with the ceo of seaworld as i mentioned that is tomorrow on the "countdown to the closing bell". that is -- the closing bell. maybe? james atchison. we'll have him. david: you like fairway? liz: i do. you know why? because the cheese is so much less than at whole foods. david: been years since i eat cheese. some the workers that say you pay your taxes are scramming the system and stealing your tax dollars. the details of this story are going to make you furious. might want to get the kid out of the room. that is next. liz: google starting to distribute pricey brand new internet connected glasses called google glass. we want to know if you would fork over $1500 a pair? log on to facebook.co facebook.com/afterthebell. tell us what you think. we'll read your comments later this hour. ♪ . are you still sleeping? just wanted check and make sure that we were on schedule. the first chnology of its kind... mom and dad
of the slow to modest growth environment. interest rates we think will stay pretty low. that overall is a reasonably attractive back drop for companies to deliver okay earnings growth. and so we can take earnings disappointments as long as it's minor. but as you say, it is a gdp and an earnings cliff, then we return to late '07/'08 type markets. we don't think it's going to happen, though. >> jonathan, it's ross here. what would you describe as okay earnings growth? >> well, i mean, okay in the context of the last six to nine months has been earnings estimates coming down week after week after week after week. the aggregate impact of that, though, is that european earnings growth expectations for 2012, remember those numbers are not finalized until we see the full years coming in the first part of this year. analyst expectations started last year around plus 10% and then our minus 3%. that's quite a big shift down when you put that into context of what we saw in 2008 where the earnings estimates went from plus 20 to minus 50%. so we've really seen in the context of previously earning
Search Results 0 to 5 of about 6